25.03.2022

THE EU GIVES 11 MILLION EUROS TO OUR FARMERS BECAUSE OF THE WAR IN UKRAINE

10 million and 611 thousand euros is the extraordinary aid that Bulgarian farmers will receive because of the war in Ukraine. Information on support for the European agricultural sector has already been published in the Official Journal of the EU.

EUR 500 million is the total budget of the aid that the EU votes for European farmers. The guideline is that Member States should distribute aid through the most efficient channels possible on the basis of criteria that take into account the degree of market disruption in the various sectors.

Of this total amount, nearly 11 million euros are due to Bulgaria, as the amount set for each of the member states would compensate only part of the actual losses incurred by producers due to the war in Ukraine.

Brussels has decided to give Member States the opportunity to provide additional national support to their farmers. Given the scale of the current crisis, this additional national aid may exceptionally exceed twice the corresponding amounts set out in the regulation. That is, if possible, Bulgaria has the right to supplement the amount of farmers with more than 20 million euros.

In order to ensure that producers have access to the aid as quickly as possible, Member States have the right to apply the regulation immediately after its publication in the Official Journal of the EU.